×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: APFN | EU | Italy | Alitalia

Italian Government Sets Priorities in Alitalia Sale

Sunday, 26 November 2017 10:38 AM EST

MILAN (AP) — Italy's economic development minister says the top priority in evaluating offers for the bankrupt Alitalia airline is maintaining connections that bring tourists and business to the southern European nation.

Carlo Calenda has told private Italian TV La7 on Sunday that the second priority was ensuring as little public money as possible is spent in the deal, and the third is protecting workers.

Calenda said 8 billion euros ($9.5 billion) of state money had been spent to keep Alitalia afloat and the result is "an airline that keeps getting smaller and more dysfunctional. ... If we had sold it to a big international player, we would have better service and we wouldn't have thrown away all this money."

The government aims to complete the sale of Alitalia by April.

© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Europe
Italy's economic development minister says the top priority in evaluating offers for the bankrupt Alitalia airline is maintaining connections that bring tourists and business to the southern European nation.Carlo Calenda has told private Italian TV La7 on Sunday that the...
APFN,EU,Italy,Alitalia
130
2017-38-26
Sunday, 26 November 2017 10:38 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved